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Business Aviation

Joby Aviation | August 06, 2021

Reinvent Technology Partners, a special purpose acquisition company that takes a “venture capital at scale” approach to partnering with bold leaders and companies, announced that at its Extraordinary General Meeting of Shareholders held today, RTP shareholders voted to approve and adopt the previously announced business combination agreement with Joby Aviation, Inc. a transportation company developing an all-electric, vertical take-off and landing aircraft that it intends to op...

Aerospace

Businesswire | June 12, 2023

O2 Investment Partners is pleased to announce that through FCAH Aerospace it has made an investment in and partnered with Cobalt Aero Services to support its strategic growth plan. Isac Roths, CEO of FCAH Aerospace, commented, “Cobalt Aero Services is known across the aviation industry as a premier provider of maintenance repair and overhaul services for nacelle components, thrust reversers, and other structural airframe components. We are excited to have Tony McAnly and h...

United Airlines | June 15, 2020

United Airlines today announced that it plans on using its MileagePlus frequent flyer program as collateral to secure a $5-billion loan, which would enable the company to boast an expected $17 billion in total liquidity by the end of 2020’s third quarter. This figure also factors in an anticipated $4.5 billion to be made available to the carrier through the U.S. government’s ‘Coronavirus Aid, Relief, and Economic Security Act’ (CARES Act) Loan Program, for ...

Business Aviation

Embraer | December 30, 2021

BAE Systems and Embraer Defense & Security have announced plans to embark on a joint study to explore the development of Eve's electric Vertical Take Off and Landing (eVTOL) vehicle for the defence and security market. The joint study builds on Eve's development for the urban air mobility market and will look at how the aircraft could provide cost-effective, sustainable and adaptable capability as a defence variant. Engineers from BAE Systems' ...